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Ronn Torossian

Celebrate The Israeli Economy

Recently returned from a whirlwind visit to Israel, and was simply amazed how many Israelis are living well and have tremendous confidence in the economy – despite the outlandish prices.  With all the gloom and doom worldwide, the tiny nation of Israel which is surrounded by enemies who wish to destroy her grew in 2012 by 3.3%, one of the highest rates of growth for any country.

While in 2008-2009, America collapsed and a few years later the European economy collapsed, Israel continued to thrive as the miracle in the desert.  There’s so many special things about the Israeli economy – from ranking as the 17th economy among the world’s most economically developed nations, and the world’s most durable economy in the face of crises, Israel simply thankfully booms.

As is no secret, in 2010 Israel ranked second among foreign countries in the number of its companies listed on U.S. stock exchanges. And for all of these reasons and so many more am so happy that my PR firm 5WPR was recently chosen to represent the upcoming Israel Dealmakers Summit which brings together world executives to discuss business issues of interest surrounding Israel.

Could one imagine any other tiny country able to gather executives like Beth Comstock, the Chief Marketing Officer of GE, Jeff Immelt, the Chairman of GE, Kay Koplovitz, Chairwoman of Liz Claiborne and Shari Redstone all able to gather to discuss issues?  But then again there’s only one Israel – where everything from healthcare to defense, cleantech to oil is being innovated, created and businesses built daily.

There’s so much to celebrate in the start-up nation of Israel. Celebrate the good.

About the Author
Ronn Torossian is the Founder, President & Chief Executive Officer of 5WPR. Headquartered in New York City, the firm is one of the 25 largest independent public relations firms in the United States. 5WPR has been named “PR Agency of the Year” by the American Business Awards; and Ronn Torossian is the winner of the Silver Stevie Communications, Investor Relations, and PR Executive of the Year of the Year Award by the American Business Awards. Ronn’s book, “For Immediate Release: Shape Minds, Build Brands, and Deliver Results with Game-Changing Public Relations,” received rave reviews. He is a member of the prestigious Young Presidents Organization (YPO) and is an active board member of a number of non-profit organizations. Ronn Torossian is a frequently sought after communications expert, often appearing on FOX News, CNBC, Huffington Post, Time Magazine, and other major media outlets. He resides on the Upper West Side of Manhattan with his family. Email: rtorossian@5wpr.com Facebook: Ronn's Facebook Twitter: Ronn's Twitter Page